Which is a disadvantage of a sole proprietorship?
a. lack of permanence
b. high taxes
c. legal constraints
d. difficult to start up
Ans: a. lack of permanence
You might also like to view...
File-sharing programs such as Napster, Kazaa, and iMesh make it possible for individuals to exchange music files over the Internet
All else constant, which of the following statements best describes how the development of these programs has affected the retail market for new music CDs? A) Demand for CDs has decreased, causing equilibrium price and quantity to decrease. B) Demand for CDs has increased, causing equilibrium price and quantity to increase. C) Demand for CDs has decreased, causing equilibrium price to decrease and equilibrium quantity to increase. D) Demand for CDs has increased, causing equilibrium price to increase and equilibrium quantity to decrease.
Medicare provides health care to _____
a. the elderly b. the needy c. the widowed d. the orphaned
The financial crises of the 1990s have conclusively proved that globalization causes financial crises
a. True b. False Indicate whether the statement is true or false
In 2008, the Fed utilized expansionary monetary policy which was made
a. more effective as banks held more excess reserves. b. less effective as banks held more excess reserves. c. more effective as banks held less excess reserves. d. less effective as banks held less excess reserves.